Bel Fuse (BELFB) upgraded to strong-buy by Northland Capital Markets after exceeding Q2 EPS estimates at $1.50.
Bel Fuse (BELFB) has been upgraded to a strong-buy rating by Northland Capital Markets following its strong Q2 earnings report, which showed earnings per share of $1.50, exceeding estimates of $0.92. The company, which operates in networking and telecommunications, also announced a quarterly dividend of $0.07. Institutional investors now hold 58.39% of the stock, reflecting growing confidence in the company’s performance.
September 09, 2024
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